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them. >> rose: we close this evening with a conversation about the global economy with india's minister of finance. >> you see, we require massive investment to build our country. the bulk of it comes from domestic savings but we still require at a margin, foreign investment, for that brings technology. that brings invasion, that brings better management skills and management management practices. it opens new markets for us. it introduces us to new products. that is the advantage of getting fdi. >> the texas explosion,s bots to-- boston investigation and the global economy when we continue. >> rose: funding for charlie rose was provided by the following:. >> rose: additional funding provided by these funders. and by bloomberg provider of multimedia news and information services worldwide. captioning sponsored by rose communications from our studios in new york city, this is charlie rose. . >> rose: we begin this evening with the explosion at a fertilizer plant in west texas which is near waco. here is the explosion which took place last night. at last count five people have died and mo
,s bots to-- boston investigation and the global economy when we continue. >> rose: funding for charlie rose was provided by the following:. >> rose: additional funding provided by these funders. and by bloomberg provider of multimedia news and information services worldwide. captioning sponsored by rose communications from our studios in new york city, this is charlie rose. . >> rose: we begin this evening with the explosion at a fertilizer plant in west texas which is near waco. here is the explosion which took place last night. at last count five people have died and more than 160 injured. it produced ground motion equivalent to that of a magnitude 2.1 earthquake. the mayor of west said it felt as if nuclear bomb dded. buildings within a five block rad yux-- radius were damaged. the search for survivors is ongoing. investigators are trying to determine the exact cause of an explosion. a small fire is believed to have spread to fertilizer tanks. governor perry held a press conference earlier and here is what he said. >> also spoke to the local officials to make sure they have the supp
closer. wherever you are today, idelity's guidance can help fine tune your personal economy. fidelity investments. here. >> at union bank our work hard p managers to know your business. offering specialized solutions in capital to help you meet growth objectives. we offer expertise and tailored solutions for small businesses corporations. what can we do for you? watching gmt on "22 news." attack on u.s. soil since 9/11. today. our focus what should have been a moment of joy turned to a time of carnage. president obama says justice will be done. > make no mistake, we will get to the bottom of this and we and find out who did this we will find out why they did this. >> the devices exploded near line a favorite spot for spectators. manythan 140 were injured, in a criminal conditio-- critic condition. people started throwing down the barricade and running over each other. ran the other direction. >> the f.b.i. has taken control investigation. the big question, was it international or domestic terror? aaron is here with business and talking music. >> it is all about how do you get your mu
years, union bank, and fidelity investments. >> your personal economy has made up of the things that matter most, including your career. as those things change, fidelity can help you readjust your retirement plan. rethink how you are invested and refocus as your career moves forward. wherever you are today, a fidelity ira has a wide range of investment choices that can take your personal economy. fidelity investments. turn here. captioning sponsored by macneil/lehrer productions >> woodruff: law enforcement officials say the surviving suspect in the boston bombings has admitted he did play a role in the attacks, and they believe he and his brother acted alone. good evening. i'm judy woodruff. >> ifill: and i'm gwen ifill. on the newshour tonight, we get the latest on the investigation, and the condition of dzhokar tsarnaev, upgraded today to fair. >> woodruff: plus, jeffrey brown examines the lessons learned for public safety officials about security at big events and gatherings. >> ifill: then, a powerful democrat, montana's max baucus, is the eighth senator to say he won't see
plans down the road. it's a fox business exclusive and a good read on the economy. that's next. as the an anticipation for apple earnings reports mount, we'll look at the best selling mobile phones, not just now, but of all time. phones that you may be surprised to see that app iphone is not in the top three. stay tuned. ♪ ♪ @ why are 8 million people why are 8 million people sleeping better tonight? they went to a sleep number store. the only place in the world you'll find the sleep number bed. a bed with dual air technology that allows you to adjust to the support your body needs. each of your bodies. the only place you'll find our bed-clinically proven to help each of you slee more soundly. and the only place you'll find sleep professionals that will help you find a number that will change your life. your sleep number setting. you won't find any of these innovations in an ordinary mattress store. you'll only find sleep number at one of our over 400 stores nationwide. and now you can save $400 on the only memory foam bed with sleep number technology that adjusts to e
they will have going forward on our economy. dagen: peter barnes has much more on this. peter: we looked at research reports on the impact of attacks of 9/11 back in 2001. the current economy has shown some softness recently in job creation and retail sales. any hits to consumer confidence may make things worse. two economists that i have talked to this morning do not think it will get too bad. the 9/11 attacks were targeted for the financial systems. consumer confidence rose sharply after the 9/11 attacks. experiencing the biggest monthly drop in a decade. the attacks caused more than 400 mass layoffs and displaced 130,000 workers. industrial production fell back then. the unemployment rate jumped more than a half a percentage point. we were already in a recession that september. we are not in a recession today. boston is not an economic center. >> maybe a day or two people will be hesitant about going out shopping. assuming nothing else happens, it should last much longer. peter: it could take a short-term hit because of boston. they are more worried about the impact on the economy and
korea says they will inject more than 15 billion into the economy. says it willorea inject more than 15 billion into the economy. the money will be used to create jobs, build the stagnant real estate market and cover a tax revenue shortfall. pakistan's former president will not be allowed to run for the national assembly in upcoming elections. he had been cleared to campaign for northern pakistan but now being disqualified. he has been barred from running four l fou -- in all constituencies he applied for. a new session of parliament in kenya. the arrival one in a closely- contested vote last month. we're joined from our reporter in niobe -- nairobi. >> we are just outside the parliament now. we are expecting the president to arrive very soon. he will inspect the guards and enter the parliament behind me, and he will give his speech to what is the 11th parliament here in kenya. now, in his inauguration speech he really tried to ignite the country behind him. formillion people voted him. there have been meetings between the men at the state house here to try to reconcile these different
economy still in front of us that we need solutions for. and i think the women can very much be part of that debate in bringing it forward. >> i've always been struck by the fact that even when there weren't 20, that the women senators have always bonded across party lines. and across ideological lines. i know that lisa murkowsky's vote against gun background checks was a big disappointment to many of you and she was supposed to be the host of tonight's get-together until it was moved to the white house. and heidi heitkamp, how difficult might that conversation with with the white house. we told that the white house was very angry with her to have voted against the background checks. >> you know, andrea, both heidi heitkamp and lisa murkowsky voted for the gun trafficking bill. there was a measure that they were willing to support to end gun trafficking, straw purchasing, pro enforcement measures. so i think there's bipartisan support for these bills, i think we can find consensus going forward and we have to work a little harder. i find the women to be very open to these issues and
will not be at jac jacn hole sim this year. my next guest said that we're seeing a slowdown in the economy after a stock first quarter, joining us, wells fargo chief economist, john sylvia, you see a slowdown here? >> there is a slowdown that is what bothered market, stock market a little bit, we a single family housing stocks, retail sales disappointing. building into the commodity market, chinese economic growth is disappointing. people at the inning of year think this economy will take off, and earnings will be strong, then as year goes down they tamper down those expectations. >> you know there is one stock that stands a metaphor, caterpillar, we see them with disappointining results off 42 their earnings, because they are off in the mining sector, but they tell us about good news, just the op ship of what said in -- opposite of what you said in china in their outlook. >> caterpillar is a true global business, they have a lot of infrastructure, a lot of mining and lot of development in many of the asian economies, looking at u.s. companies as traditional as manage mcdonald's and coca-ca ha
. -- voyeurism. >> there will will certainly be taking a very close look. >> the world's emerging economy are saying german investment and bilateral trade. last week it was the indian leader here signing off and billions in deals. >> this tuesday, the ecuador president has been at the german capital. he is here for the 13th annual conference. the region is in the midst of a massive boom with german exports up by 39% last year alone. >> he is in germany for the first time. the president has high expectations of berlin and he is full of praise for his own country. >> ecuador is one of the most dynamic countries and latin america. the economy across latin america grew by 3.5% between 2007 and 2012. but in ecuador, it grew by 3.3%. >> the small, latin american country has not been very high on the german business sectors agenda until now. generally, interest in latin america has grown considerably recently. that is despite trade barriers in certain areas. german investment already amounts to 30 billion euros. >> they just the same difficulty as others. medium-sized companies today are ready t
into the future. they're estimating the pace of growth for economies around the world. joining us now from the business desk. good morning. what do they see? >> good morning. the results overall point to slower growth. those in japan suggest things are picking up. the international monetary fund has upgraded japan's economic outlook the next two years on expectations the country's bold monetary easing policy and weaker yen will help boost its economy. imf officials released the world's latest economic outlook and slowly downgraded the world economic forecast. and predict it will grow 1.6% this year, up .4 of a percentage point and they doubled the growth forecast next year to 1.4%. they expect the bank of japan's aggressive monetary easing to boost the growth rate. >> japan is forge iing a path o its own. it may have been more likely to call this a 3 1/2 recovery rather than a speed recovery. >> although the yen value has declined significantly in the recent past, the monetary policy followed by the boj is appropriate but at the same time, imf officials urge japan to work out a long term f
weeks. >> the german economy is slowly awakening from its winter sleep. the country's leading economic research institutes have presented their spring forecast, saying they expect moderate growth of about 0.8% this year, but the think tanks are a bit more upbeat about 2014, where the forecast growth to reach about 2%, provided the current eurozone debt crisis does not spiral out of control. >> the economic outlook is bright. it is been booming bavaria. the state boasts near full employment. businesses like this are wide. it is an engineering firm. residential -- residents are up, order books full. it provides a snapshot of the wider german economy. one of the country's leading think tanks believes it will keep on growing because there are tentative signs europe is on the mend. >> these figures reflect the diminishing uncertainty and the fact the markets are now calmer. >> the think tank's forecast is much more optimistic than the german government policy official estimate, and ultimately, there will be exporters who decide who gets it right and who gets it wrong. >> onto thursday's mar
is the most important issue? is it the economy? or foreign affairs? what about health care programs? those are all very important issues but done to think if there is one central issue that can solve all our other problems, we should tackle it first? you may be thinking what should this be? it is simple. what then can give the kids the knowledge they need to solve all these other problems? it is education. if we can well-educate our current generation from toddlers to young adults and they have the tools they need to tackle all of these major problems -- >> public school education in this country has taken a back seat to other concerns. abelieve that hurts us as nation. one of the things that has made us so competitive throughout the years passed this the fact that we have had public school education, compulsory public school education. many countries do not invest in that. it is an investment in our future. >> we invest so much into the system but sometimes outcomes are not what we would like. american u.s.n educational system that is failing grossly. there's an issue of states' rights or
very quickly because the economy can't continue the way it is among other things giving gasoline away. they can't go on that way. >> nick raised the question of ideology. it's important to note that the opposition it wasn't an election about ideology. the opposition, what was fascinating about it is it ran on a comain to administer it more efficiently. they accepted the social missions. they accepted even the foreign policy. dressed in red. he was in some ways praising chavez and saying that maduro wasn't worthy. he see it wasn't an election about ideology but an election about continuing the goals. it's been remarkable. the way to think about it is to step back and really consider that this remarkable experiment in social democracy that we've seen more in south america than central america and mexico but a little bit in central america since for the last 10, 15 years beginning in some waysith chavez's election is outlasting. it's first-generation of leaders. lula went through his two terms. >> charlie: many people say he was a champion of the people who chavez thought he was the cham
? on beating crugs, improving the economy? -- on beating corruption, improving the economy? >> it seems like it. the colorado party was known for it there is a bit of an image problem. he is a business person. even though he's part of the colorado party, he's new to it. and he really comes from the outside. they think perhaps that he has as good of a chance as any to make good these promises against corruption, more transparency, more inclusiveness, an attack on poverty all of the things that in latin america today are on the tips of people's tongues. many thanks for joining us, eric. >> tharpgs for having me. >> polls in the ivory coast where people have been voting to elect hundreds of mayors and local counselors. it is the first major vote since thousands of people were illed three years ago. >> the last time asar decided to vote, that was when the presidential election was disputed. but it hasn't put him off voting for a new mayor and local counselors where he lives in the neighborhood of abajon. >> i am very relaxed. and i am at peace and i'm going to vote for my candidate. >> there are ne
will go. and sometimes invest in a place where the economy is not where it would support necessarily a market solution, which is why a.i.d. has to be there. so you've got the millennium challenge corporation over here, a.i.d. as the preponderance of our expenditure, but it has adopted significant reforms in the last years that have actually movement some of the development challenge kinds of enterprize into a.i.d. wherever we can we are trying to do economic-based aid in a local way that is sustainable. and that will result in long-term gains, not a project that comes, and when the project's over the money's gone and there is nothing to show for it. but there are someplaces where you still have humanitarian demands and other demands that will not lend themselves to that, and we just need to understand that. we have to understand that's for the minimum -- minimalist fraction of the percentage of our aid that may represent, it's still an expression of our values and interest and it's important. now we are -- i'm not going to sit here and tell this committee that the job is done. we are
. indeed, our affordable universal service is crucial to the american economy and to american businesses that generate 95% of all mail. my written testimony offers a comprehensive set of options to restore the postal service to solvency. this morning i will cover, this afternoon i will cover the issues you specifically asked me to address in your invitation. on cost savings, the nalc and the other postal unions have contributed billions in savings through collective bargaining. that process concluded for just 12 weeks ago. the new nalc contract emerged from interest arbitration that focused on the financial condition of the postal service that led to award if you want to provide postal service with huge savings in the years to come. as we did during the great recession when we worked tirelessly with management to adjust routes to respond to mail voe' done, more must be done and congresseeds to do its part as well. i will highlight two cost reforms from the written testimony. first congress should repeal or dramatically reduce the retiree health prefunding mandate that caused over 80% of
: in a rapidly growing economy, daughters have become an increasing financial liability for their families says this sociologist. >> that don't want to pay dowries, they want to receive dowries. they want to give more education to the boys than to the girls because for them the boys are still more important. >> reporter: and the census shows indians are acting on that bias. for every 1,000 male infants born, there are just 914 females. in some regions, far fewer. in nature, those numbers are about equal. >> the gap began to wideen in the '90s with new ultrasound machines that made it easy to learn the fetus' sex. the scan led to the termination of millions of female pregnancies. in delhi, the center for social research has organized women into neighborhood groups trying to shift the ingrained gender bias, even invoking hinduism's goddess of prosperity. >> ( translated ): we must begin to welcome girl babies into our homes, like the goddess lack shi has come into our home. lack smi. >> reporter: they're also aware of the law that's become known by its english acronym. that's the pre-conception a
something horrible to happen, or you need a total collapse of the economy. i don't see either. >> well, we're actually talking about two different events. relative to a correction this year, i think that we're looking at something similar to 2011. 10 to 20% off in the second or third quarter, kind of a reaction to this building uncertainty, this volatility we have seen since february. in terms of the bigger crash call that i've been making for more than a year now, as the s&p continues to top out very similar as it did in 2000 to 2007, i think you're right. i think that we are looking at some kind of external shock situation. >> no, no, i'm not -- i'm saying that's what you need to make your forecast right. i'm not predicting that. i don't see the end of the world scenario. i don't buy it. >> and i hope that bernanke -- >> gold signal. i just don't buy it. and so much liquidity -- seema, are you hearing this end of the world -- all right. let's take abigail. 10 to 20% correction. are you hearing that? >> if the fed pulls back on monetary support sooner than expected, i think there are trad
are characterizing this as a real threat to kill people, hurt economy.and a threat to the you know, they are cautious in saying that this was an imminent threat but it was not an aimminent but no less a very real threat. what's interesting here, jake, is they refused to release any information regard the search warrants. i tell you they have a good handful of plots under surveillance right now, and i've been briefed on a few of them. what they do is they continue from the very instant they seize on communication or anything that is suspicious, they then start to try and gain the authority to be able to bug their mobile phones, bug their homes, do whatever they need to do to keep the public safe. it seems to be what's happened at this point in time. they still say that the searches -- that the execution of those search warrants is ongoing, which is key what they find there. will they find explosives, the beginnings of a bomb, or will they find more stuff on computer hard drives, phone calls in question, things like that which would make the plot more aspirational. the other thing is, jake, they said t
, but in terms of the economy, untold millions of dollars could be on the line. it's even included in today's criminal complaint against the surviving suspect. details on that ahead. plus, should the government raise the minute mum age to -- minimum age to buy cigarettes? raise it to 21 years old? that's the plan from one major u.s. city. guess which one. hey everybody, hi mom... streaming live with a tour of my new place... knowing you can still reach out. ... and now you've seen it. that's powerful. verizon. get mom a lucid 2 by lg for free. [ male announcer ] just when you thought you had experienced performance a new ride comes along and changes everything. the 2013 lexus gs. this is the pursuit of perfection. foot traffic or deliveries so not every boston company was hit that hard, shepard, if at all. >> shepard: the rest of the nation, was there an effect? >> well, we haven't seen anything specific yet. and it may take some time to play out, but terrorist attacks can hurt an economy cutting growth by about a half a percentage point on average, according to one study. just look at 9/11
in setting up obamacare. why didn't they, john? it is their law. >> it is 1/6 of the economy and it has a lot of moving parts and frankly i think we reached the point where bureaucratic government, 20th century style can handle something this complex without proper price signals and proper market signals. the health care industry is a mess. half of it is paid are by the government. they set prices for the other half which is privately managed. i don't think it works, health savings accounts and health plans and extending people a lifeline if they get really seriously sick the we need to send market signals. right now this thing is a train wreck and there is nothing --. bill: that is your solution. what's theirs? >> their solution is we should trust them to make it work. and maybe after a few years it will work but right now everybody is confused. and of course the problem with these democrats foresee is the 2014 midterm elections are coming and if obamacare isn't perceived as working, people are going to say, i'm upset. i'm mad. remember, president obama promised americans, if you like your h
, the economy comes to life. norfolk southern. one line, infinite possibilities. how old is the oldest person you've known? we gave people a sticker and had them show us. we learned a lot of us have known someone who's lived well into their 90s. and that's a great thing. but even though we're living longer, one thing that hasn't changed: the official retirement age. ♪ the question is how do you make sure you have the money you need to enjoy all of these years. ♪ to enjoy all of these years. ...and we inspected his brakes for free. -free is good. -free is very good. [ male announcer ] now get 50% off brake pads and shoes at meineke. >>> continuing to cover bombings in boston. getting new developments, information about the device or one of the devices we understand. susan candiotti in new york on the line. what have you been hearing, susan? >> reporter: michael a federal law enforcement official with knowledge of the investigation is telling us that investigators now believe that one of the bombs appears to have been placed inside a metal pressure cooker that was hidden inside a backpack.
dollar deficits, to a fledgeling economy and declining military -industrial base. we can now add to that the devastating effects of sequestration to our servicemen and women. sequestration is the wrong approach to bring in spending, particularly as our nation's military readiness will foolishly suffer. however, we are under sequestration. and i hope you can clarify for me some of its impacts. we have recently heard that the army has canceled seven combat center training rotations, the navy has canceled ship deployments. air force has stood 12 combat-coded squad rons, not to mention potential civilian furloughs for up to 14 days all due to sequestration and i hope you can translate that into the real world for us, including what that means in terms of readiness and force posture. we'll continue to wrestle with these issues with you. i'm very happy and pleased to see during the fiscal 2013 c.r. that we were able to include the full year defense and veterans -- milcon and veterans bills, giving you some much needed flexibility in funding for d.o.d. past three years we worked across
invested in the innovation economy, and they wanted us to do what we've always done historically, rebuild our infrastructure. for us back home, that means rebuilding our levees, our roads and our highways. they want washington, d.c., to start getting about the business of pushing this country forward. i applaud these community leaders because this is exactly what citizen-led democracy looks like. mr. speaker, i applaud the sacramento metro chamber of commerce for their leadership, and i look forward to the 44th annual cap to cap next year. i yield back the balance of my time. the speaker pro tempore: for what purpose does the gentleman from illinois seek recognition? >> i ask unanimous consent to address the house for one minute. the speaker pro tempore: without objection, the gentleman is recognized for one minute. >> mr. speaker, for my neighbors and friends back home in illinois and families across the country today is tax freedom day. the date at which the average american worker will finally start earning money for themselves after paying their federal, state, and local tax obligatio
and the economy, then it reverted back to talking about the economy and jobs, the president has been on the record quite a bit opposing legalization and the decriminalization of our drug laws. but he is very much on the record of saying that a public health approach would be most effective. so i looked at both candidates, i could not certainly be more supportive of not only the person that i work for, but the support that he has given, given me and given this office in reforming the policies that i talked to you about a minute ago. >> thank you. >> will thanks. >> how old you characterize the pharmaceutical companies' responses to the abuse of prescription narcotics? i know you touched on prescriptions, but we do have a question, wondering if you could expand. >> and there has been some progress by the pharmaceutical industry on this. first of all, as you know from some of the news releases yesterday from the food and drug administration, the abuse/deterrent formulas of these very powerful prescription drug oxycontin is not to going to become a generic that can be easily abused. in other words, in
of the current sanctions regime against iran? >> it is having a huge impact on our economy. no question with any measure you use inflation, unemployment, and availability of commodities having a tremendous impact by any measure that said it just yet has not induced changes in policy. >> to both of you relative to pakistan has pakistan changed its strategic calculation with respect to afghanistan and more specifically is there any change that we have determined and pakistan so far and willingness to deal with the afghan talnba which is the sanctuary in pakistan? . i believe they will continue to do. >> there's no gene's we have discerned a pakistan and so far their unwillingness to take on the taliban and -- >> inside pakistan, the sort to the tattered ban on pakistan to assist a threat to the pakistanis and they have, when they could -- they have also need to point out, last thousands of troops and the thought in pursuit of militants. >> i'm talking about the afghan military and. >> that's correct. >> is there any change in not? >> not basically. >> in terms of north korea, you've indicated i be
get there. ♪ (train horn) vo: wherever our trains go, the economy comes to life. norfolk southern. one line, infinite possibilities. from the united states postal service a small jam maker can ship like a big business. just go online to pay, print and have your packages picked up for free. we'll do the rest. ♪ >>> welcome back to a special edition of "newsroom," live from boston. i'm wolf blitzer reporting. today, the fbi faces a grilling on capitol hill over the boston bombings, lawmakers want to know if the agency missed vital clues two years ago. that's when agents interviewed the older suspect, tamerlan tsavraev, at the request of the russian government. cnn's national political correspondent jim acosta joins us from washington now with what's going on. a lot of frustration, a lot of what ifs, could if this boston magnificent y massacre been prevented? those are the questions that will be brought forward today. >> that's right, wolf. it will be playing out on capitol hill. the senate intelligence committee has set a hearing for 2:30 this afternoon with fbi officials, they will be
moving and that's critical to our economy. >> congressional republicans charge the administration is structuring these cuts to worsen their impact. in a statement, congressman bill shuster the chairman of the house committee on transportation and freezing rain structure says quote the administration views the sequester as an attempt to score political points rather than address real issues and find real savings in a bloated federal bureaucracy. he points to sizeable increases in the faa's budget and continued spending on consultants and travel. the administration says the law requiring these cuts gives officials few options. >> furloughs cannot be avoided. 70% of the faa's operation's budget is personnel. the faa must furlough 47,000 employees up to 11 days between now and the end of the fiscal year. >> the replace cuts with other cuts and tax increases on the wealthy. >> this fight is playing out in court as well. the nation's airline association is suing the f.a.a. to halt these furloughs claiming that the administration has the authority to cut elsewhere. bret? >> bret: rich ed
ago showing that the economy is slowing to 7.7% gdp. the u.s. dollar fell after the weaker than expected pmi reading came out. the nikkei fell by 1/3% but this is from profit taking. the yen strengthened today as the dollar fell and one japanese stock we are tracking are the maker of the dreamliner battery it was down 3/4% by the close. we will be watching the move of the took now that boeing says that the repairs are being made on the battery. the index that went against the grain is the share market in sydney which is up 1%. normally sydney would have reacted to the china data but a dividend announcement drove the share market higher today. >> appreciate it. thank you. >>> the english football association is charging liverpool striker luis suarez with violent conduct. >> despite the indicate liverpool is not sacking scar was but he is facing a suspension. >> suarez has apologized for what he has called his inexcusable behavior. is money well spent. angie's list -- reviews you can trust. u >>> welcome back, everyone, federal investigators have officially returned boston's bombi
to private sector federal systems, the nation at critical infrastructure and our economy. it supports the president's executive order to improve on the cyber security and critical infrastructure security and resilience. finally, to ensure continued resilience to disasters, the president's budget focuses on emergency management. it includes resources for the disaster relief fund for declared disasters or emergencies. the administration is proposing the consolidation of 18 grant programs into one national program to create a robust national response capacity while reducing administrative overhead. this competitive, risk based program will use a comprehensive process to identify and deploy capabilities, put funding together quickly and require grantees to report on their progress. it is this kind of funding that has enhanced capabilities in cities like boston. since 2002, the boston urban area has received $300 million in federal grant funding, which is used to equip tactical teams. within the last year, the metro boston homeland security region used funding to provide training to improv
and they say he seemed relaxed. >>> bombing and subsequent manhunt has taken a hit on boston's economy. the city and surrounding communities that were shut down by law enforcement as they searched for bombing suspects and tried to keep the public safe. from a canceled game at fenway park to closure of umass campus to the sus specific of the transit service, the area is likely to suffer hundreds of million of dollars in economic losses. >> the two individuals held the whole city hostage for five days. they should not do that. that's where the terrorist events want to do, hold the city hostage. stop the economy of the city. >> economists and boston strong are convinced the city will bounce back. i can't take credit but what a great idea to visit boston and spend money there and thank the people for how strong they are. surprise guest at fenway park and rallying call for a red sox player encouraging boston to be brave and be one. ♪ ♪ >> ♪ sweet caroline ♪ good times never seem so good ♪ >> shannon: yesterday was the boston red sox home game and made spec
of it has to do with, of course, concerns about the strength of europe's biggest economy, germany. let me just run into the purchasing manager's index, the pmi for the month of april. that came in at 47.9. i might point out that anything below 50 indicates a contraction for manufacturing, hence, the reason why people are quite so concerned. so the readings for germany came in at a four-month low. that's concerning because germany is supposed to be a locomotive of growth. it's managed to spirit off a recession. many are hoping this country will be able to drag the other troubled eurozone companies out of their predicament. the first time in five months there's strengthening. it's a similar picture for the rest of the eurozone. the rest of the eurozone tmi number came out identical to the german figures at a four-month low. there is a surprise rebound though for manufacturing in this country, in france. not some of the reasons why the kaka rant is up. it's the biggest gainer. we do have the french pmi at a four month high where as the german pmi was at a four month low. there was discord ab
vulnerable to the attacks on networks critical to our economy with national security iran and north career trying to get capabilities is cyberspace and widely to be responsible for some such attacks. china and russia possess capabilities for cyber theft such as intellectual property as well as the more traditional properties of as the niosh such as spying on a military weapon systems and capabilities. cconology and with cyber theft is us rafts that -- stuffed that cannot be tolerated to hear about the problem and the steps weshldak thesa pacific region from the dictatorial regime has caused ce here the und stat and our allah --alies in h pacific that has announced itinterntme plutonium production and testing a nuclear device in february that appears to have a greater yield of the previous test and has threatened any time to launch a missile like a further is s -- exacerbate tensions we read about conflicting intelligence assessments and north korea's ability to put a nuclear warhead with a long-range missile. we hope our witnesses could clear that issue up. in the middle east iran contin
they want in a bill. but if we meet in the middle, can do a lot of good for and for our economy. and so we're feeling very good about this. things are moving in a very, very good way. and the president's support of our proposal, even though he wouldn't fully agree with it, it's just the right place to be, because we want lots of support even from people who agree with every single part. i don't want to give you the impression he is grudging about it. he is enthusiastic about us getting a bill done and as i have said before, playing it just right. moving us forward, but giving us the space to come up with our agreement. and i thanked him and john thanked him for doing that and he is going to continue to do that so we can get a bill done. >> we briefed the president on a number of details, our proposal that the gang of eight is coming up that we will be bringing forward in the united states senate in as short a time as this evening. the president is supportive of the process we went through. the president having been in the senate and having seen this process before is very supportive. the p
's the♪rush? (train horn) vo: wherever our trains go, the economy comes to life. norfolk southern. one line, infinite possibilities. >>> the surviving bombing suspect is charged with federal authorities in his hospital bed with fatal use of a weapon of mass destruction. joining us now is congressman dutch ruppersberger of meyaryla, the senior congressman of the house intelligence committee. thank you, congressman, i know you've been well briefed in what's going on. is it your sense right now that these two brothers, one of whom is now dead, were in fact linked to some sort of terrorist group? >> at this time, wolf, we have no indication. of course, that's one of the big issues. we have our intelligence committee right now, both internationally and internally, getting any information that we can to find out what the motive was for this terrible crime to occur. >> the boston police commissioner, ed davis, says that these two suspects may have been planning more attacks down the road. what can you tell us about that? >> i don't think we have any information to that effect other than they
economy is keeping inflation intact. u.s. consumer prices slipted 2/10 in march. the government says the reason gas prices fell, and food prices unchanged. >>> the government also announced new home construction hit its highest level since june 2008. u.s. home builders broke ground on more than 1 million new units. apartment construction was up more than 37% in march. but single-family home construction down almost 5% after hitting a five-year high in february. >>> and bay area rents continue to rise but there is some good news for renters. rent increased less than 8% during this year. that's a slowdown each of the past two years from double- digits. the lowest rentals are in contra costa county with a three bedroom unit costing res than $1800 a month -- less than $1800 a month. in san mateo, 3300 a month. >>> a school in japan now is claiming a small boat that washed up in northern california last week. it's a 20-foot boat believed to be part of the debris from the 2011 tsunami in japan. photos of it were posted of it on facebook. the word has the words tekada high school written on
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